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USTDA backs Zenith Bank’s digital transformation with training grant

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The US Trade and Development Agency has awarded Zenith Bank Plc a training grant to support the bank’s adoption of Microsoft Azure, a hyperscale cloud platform. The USTDA’s announcement on its website on Monday emphasised the grant’s role in strengthening the bank’s institutional capabilities. However, the agency did not disclose the specific amount of the grant. The switch to Azure is expected to increase the bank’s data processing and storage capacity, enabling it to expand its digital banking services while improving transaction speed, security, and reliability. The Director of USTDA, Enoh Ebong, stated, “This grant demonstrates USTDA’s commitment to supporting the deployment of cutting-edge U.S. digital infrastructure in partner countries like Nigeria. “Our training grants are an effective tool for strengthening U.S. competitiveness in the global market for highly sensitive digital infrastructure solutions. Zenith’s procurement will provide its customers with trusted technology tha...
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Court adjourns arraignment of two lawyers, businessman accused of forgery, damage to property Nov 28

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Ademola Owolabi Justice S.I. Sonaike of the Lagos High Court, TBS has adjourned the arraignment of two lawyers, Ademola Owolabi, the managing partner of Ademola Adetokunbo & Co., and Adebayo Akeju, who is a partner in a law firm called Adon Partners, Lagos, as well as a real estate developer, Alex Ochonogor, to November 28. Ochonogor is the owner and managing director of Bluecrest Homes Limited, where Owolabi is also the company secretary. The adjournment followed the absence of the suspects and their counsel in court on Monday, when the matter was called before justice Sonaike. The suspects are facing a five count charge of conspiracy to commit forgery, forgery, and willful damage to property pressed against them by the Lagos State government in suit marked LD/23611C/2024. When the matter was called, the Director of Public Prosecution (DPP) of the Lagos ministry of Justice, Dr Babajide Martins announced his appearance. He told the court that the AG directed him to call a meeting o...
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Kogi vigilante arrests two suspected kidnappers

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The Kogi State Vigilante Service has arrested two suspected kidnappers in Dekina Local Government Area of the state. Abocho The suspects identified as Umoru Garuba and Salifu Ademu, were apprehended in the Ibobo area of Abocho at 2pm on October 21, 2024. Villagers raised the alarm upon spotting the suspects, prompting a swift response from the Kogi State Vigilante Service, who were on patrol in the vicinity. The vigilante team successfully detained the suspects, who subsequently confessed to their involvement in the crime. Following their arrest, the suspects were handed over to the Quick Response Unit (QRU) in Anyigba for further investigation and prosecution. The spokesperson of the service, S.O Saka, who confirmed the arrest on Tuesday said authorities are continuing to investigate the matter to ensure justice is served and to enhance community safety.  “Further updates will be provided as more information becomes available,” he said.
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Trump claims that Democrats are trying to cheat him in the election

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Former US President and current Republican presidential nominee, Donald Trump has accused Democrats without evidence of trying to cheat in the 2024 election. Trump, who constantly talks about the result of the 2020 election he lost, has repeatedly tried to sow doubt about the integrity of the 2024 election and made claims without evidence that Democrats are trying to cheat. Trump continues to peddle claims and conspiracy theories about widespread voter fraud in the 2020 election despite multiple courts throwing away his court cases. On Monday, October 21, he alleged voter fraud would happen in California. “We have some of the biggest crowds you’ve ever seen. I was in California. I’d love to have God to come down and be the vote counter just for one day and see how well we do in California,” Trump said of the solidly blue state. “Did you ever hear the expression that the vote counter is far more important than the candidate and unfortunately we can’t let that happen. We’ve gotta take it...
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FG’s house gift to judges is essential so they can focus on the heavy responsibility entrusted to them – Chief Justice of Nigeria

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The Chief Justice of Nigeria (CJN), Justice Kudirat Kekere-Ekun, has announced the construction of 40 Judges’ Quarters in the Katampe District of Abuja, asserting that the initiative will significantly boost the performance of judicial officers in the Federal Capital Territory (FCT). Speaking on Monday at the flag-off ceremony of the project, Justice Kekere-Ekun described it as a significant milestone in the government’s continuous efforts to enhance the welfare of judicial officers in the FCT. “Beyond the courtroom, a supportive and conducive living environment is essential to their ability to focus on the heavy responsibility entrusted to them,” she stated. Justice Kekere-Ekun emphasized the importance of a peaceful living environment for judges, noting, “Judicial officers require peace of mind, security and comfort in their residences to fully dedicate themselves to the rigorous task of interpreting and applying the law.” She further elaborated on the necessity of the project, stati...
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Morocco says UN proposal to partition Western Sahara is ‘unacceptable’

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Morocco’s Foreign Minister Nasser Bourita stated on Monday that a recent proposal by a United Nations envoy to partition the disputed territory of Western Sahara is “unacceptable,” referencing the kingdom’s past rejections of similar plans. During a closed session of the UN Security Council last week, Western Sahara envoy Staffan de Mistura suggested dividing the territory between Morocco and the pro-independence Polisario Front to resolve the longstanding conflict. Bourita noted that de Mistura had made a similar proposal during his visit to Morocco in April, which was met with rejection from the kingdom. “Morocco has not and will not even accept hearing the proposal, because it contradicts the kingdom and Moroccans’ principled position that the Sahara is Moroccan,” Bourita asserted during a press conference in the capital, Rabat. Western Sahara is largely controlled by Morocco, yet the Polisario Front, supported by Algeria, has been advocating for independence since before Spain’s wi...
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Naira appreciates to N1,715 in parallel market

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  The Nigerian Naira on Monday evening, October 21 appreciated to N1,715 per dollar in the parallel market from N1,725 per dollar last weekend but depreciated to N1,603.16 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. According to Data from FMDQ, the indicative exchange rate for NAFEM fell to N1,603.16 per dollar from N1,600.78 per dollar last week Friday, indicating N2.38 depreciation for the naira. Also, the volume of dollars traded in the official market grew by 2.4 per cent to $359.22 million from $350.72 million traded last weekend making the margin between the parallel market and the NAFEM rate narrow to N111.84 per dollar from N124.22 per dollar as at last week Friday.
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